Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...

Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...

Artificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...

The United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian busine...

Iranian President Masoud Pezeshkian urged Muslim nations to strengthen regional security and stability. He emphasized expanding cultural, c...

Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $...

United States personnel are returning to some Middle East diplomatic missions after tensions eased. Staff will go back to posts in Lebanon,...

The United States is pressuring Iraq to curb its financial dealings with Iran. Washington has sanctioned Iraqi banks involved in trade with...

The United States is set to launch a significant financial offensive against Iran. This move aims to pressure countries to sever economic t...

Shipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...

Fewer than twenty commodity vessels transited the Strait of Hormuz over the weekend. Initial data showed four vessels crossed on Sunday and...

"We are keen to prevent Iraq from becoming involved in the war. The country most affected by the war is Iraq. We do not accept the use of I...

Tehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...

Iran has taken a pivotal step by permitting Iraqi oil tankers to pass through the Strait of Hormuz. This action follows a series of request...

Iran's Parliament Speaker Ghalibaf stated Iran supports Iraqi consensus and independence. Economic cooperation will advance with an upcomin...

India is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...

Iraq will investigate a drone attack on the Kurdistan prime minister's office. Iran denied involvement and called the incident a ploy to ha...